True/False
A security interest that provides for a security interest in after-acquired property is a floating lien.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Ron does not make a payment on
Q6: The payment of Yves's debt to Zane
Q7: Danica borrows $1,000 from Evermore Bank,using her
Q8: Discount Stores,Inc.,borrows $5,000 each from EZ Loan
Q9: Any creditor who has a security interest
Q11: A continuation statement will continue the effectiveness
Q12: Mona lives in New Jersey,but she works
Q13: OK Investments,Inc.,files a financing statement to provide
Q14: Saf-T Lenders,Inc.,takes possession of Tiara's stock in
Q15: Hal's Hardware store defaults on a debt